Mclanathan Phippsburg Fire And Rescue Fund Inc
Mclanathan Phippsburg Fire And Rescue Fund Inc consistently spends more than it earns annually, relying on substantial assets.
EIN: 208597195 · Phippsburg, ME · NTEE: M112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $93K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $832K |
| Transparency Score | 85/100 |
Is Mclanathan Phippsburg Fire And Rescue Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mclanathan Phippsburg Fire And Rescue Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mclanathan Phippsburg Fire And Rescue Fund Inc
Mclanathan Phippsburg Fire And Rescue Fund Inc (EIN: 208597195) is a nonprofit organization based in Phippsburg, ME, classified under NTEE code M112. The organization reported total revenue of $357K and total assets of $937K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mclanathan Phippsburg Fire And Rescue Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mclanathan Phippsburg Fire And Rescue Fund Inc is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $93K |
| Surplus / Deficit | $-35,785 |
| Total Assets | $832K |
| Total Liabilities | $1 |
| Net Assets | $832K |
| Operating Margin | -62.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 107.5 months |
Financial Health Grade: B
In 2023, Mclanathan Phippsburg Fire And Rescue Fund Inc reported a deficit of $36K with expenses exceeding revenue, holds 107.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mclanathan Phippsburg Fire And Rescue Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | -10.9% | -4.1% |
| 2022 | -53.5% | +11.4% | -5.1% |
| 2021 | +145.1% | +8.1% | +3.6% |
| 2020 | -21.9% | +5.9% | -3.9% |
| 2019 | +126.1% | +4.0% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mclanathan Phippsburg Fire And Rescue Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mclanathan Phippsburg Fire And Rescue Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization, which is highly efficient for an organization of its size with annual expenses typically under $100,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mclanathan Phippsburg Fire And Rescue Fund Inc's IRS 990 filings:
- Consistent annual expenses exceeding revenue, leading to asset depletion (e.g., 2023: $92,861 expenses vs. $57,076 revenue; 2022: $104,201 expenses vs. $57,326 revenue).
Strengths
The following positive indicators were identified for Mclanathan Phippsburg Fire And Rescue Fund Inc:
- Strong asset base ($936,716) providing significant financial stability and reserves.
- Zero officer compensation reported across all filings, indicating a volunteer-led and highly efficient leadership.
- Consistent IRS 990 filing history, demonstrating good transparency.
- Clear mission alignment with NTEE code M112 (Fire Prevention & Control).
Frequently Asked Questions about Mclanathan Phippsburg Fire And Rescue Fund Inc
Is Mclanathan Phippsburg Fire And Rescue Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mclanathan Phippsburg Fire And Rescue Fund Inc (EIN: 208597195) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mclanathan Phippsburg Fire And Rescue Fund Inc spend its money?
Mclanathan Phippsburg Fire And Rescue Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mclanathan Phippsburg Fire And Rescue Fund Inc tax-deductible?
Mclanathan Phippsburg Fire And Rescue Fund Inc is registered as a tax-exempt nonprofit (EIN: 208597195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mclanathan Phippsburg Fire And Rescue Fund Inc CEO make?
Mclanathan Phippsburg Fire And Rescue Fund Inc's highest-compensated officer earns $100,000. annually. The organization reported $357K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mclanathan Phippsburg Fire And Rescue Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mclanathan Phippsburg Fire And Rescue Fund Inc is above average for NTEE category M112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mclanathan Phippsburg Fire And Rescue Fund Inc located?
Mclanathan Phippsburg Fire And Rescue Fund Inc is headquartered in Phippsburg, Maine and files with the IRS under EIN 208597195. It is classified under NTEE code M112.
How many years of IRS 990 filings does Mclanathan Phippsburg Fire And Rescue Fund Inc have?
Mclanathan Phippsburg Fire And Rescue Fund Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $357K in total revenue.
Is Mclanathan Phippsburg Fire And Rescue Fund Inc financially sustainable long-term?
While the organization has substantial assets ($936,716), its recent trend of expenses exceeding revenue (e.g., $92,861 expenses vs. $57,076 revenue in 2023) suggests it is drawing down on these assets. This pattern is not sustainable indefinitely without an increase in revenue or reduction in expenses.
How does the organization's spending efficiency compare to similar nonprofits?
With 0% officer compensation reported, the organization demonstrates exceptional efficiency in its leadership structure. Assuming most other expenses are program-related, this indicates a very high proportion of funds likely go directly to its mission.
What are the primary sources of revenue for the organization?
The provided data only shows total revenue. To understand primary sources, one would need to examine the full IRS 990 filings for Schedule A and Schedule B, which detail contributions, grants, and other income.
Does the organization have a strong reserve fund?
Yes, with assets of $936,716 and annual expenses typically around $100,000, the organization holds approximately 9 years of operating reserves based on recent expense levels, indicating a very strong reserve fund.
Filing History
IRS 990 filing history for Mclanathan Phippsburg Fire And Rescue Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mclanathan Phippsburg Fire And Rescue Fund Inc's revenue has grown by 245.5%, moving from $17K to $57K. Total assets decreased by 12.9% over the same period, from $954K to $832K. Total functional expenses rose by 232.7%, from $28K to $93K. In its most recent filing year (2023), Mclanathan Phippsburg Fire And Rescue Fund Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $1 in liabilities against $832K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $832K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $93K | $832K | $1 | — | View 990 |
| 2022 | $57K | $104K | $867K | $1 | — | View 990 |
| 2021 | $123K | $94K | $914K | $1 | — | View 990 |
| 2020 | $50K | $87K | $882K | $1 | — | View 990 |
| 2019 | $64K | $82K | $918K | $0 | — | View 990 |
| 2015 | $28K | $79K | $897K | $0 | — | View 990 |
| 2014 | $78K | $76K | $947K | $0 | — | View 990 |
| 2013 | $92K | $68K | $945K | $0 | — | View 990 |
| 2012 | $31K | $65K | $921K | $1 | — | View 990 |
| 2011 | $17K | $28K | $954K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $93K, and assets of $832K (revenue -0.4% year-over-year).
- 2022: Revenue of $57K, expenses of $104K, and assets of $867K (revenue -53.5% year-over-year).
- 2021: Revenue of $123K, expenses of $94K, and assets of $914K (revenue +145.1% year-over-year).
- 2020: Revenue of $50K, expenses of $87K, and assets of $882K (revenue -21.9% year-over-year).
- 2019: Revenue of $64K, expenses of $82K, and assets of $918K (revenue +126.1% year-over-year).
- 2015: Revenue of $28K, expenses of $79K, and assets of $897K (revenue -63.7% year-over-year).
- 2014: Revenue of $78K, expenses of $76K, and assets of $947K (revenue -14.6% year-over-year).
- 2013: Revenue of $92K, expenses of $68K, and assets of $945K (revenue +193.7% year-over-year).
- 2012: Revenue of $31K, expenses of $65K, and assets of $921K (revenue +89.3% year-over-year).
- 2011: Revenue of $17K, expenses of $28K, and assets of $954K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mclanathan Phippsburg Fire And Rescue Fund Inc:
Data Sources and Methodology
This transparency report for Mclanathan Phippsburg Fire And Rescue Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.